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Podcast
The Recession Story We Keep Getting Wrong
The Economist Next DoorRecessions are often explained as the inevitable result of excess: too much borrowing, too much speculation, too much optimism, or some hidden imbalance waiting to be corrected. But what if […] -
Featured
Money Is Not Debt
AIER PapersExploring how a popular phrase conflates monetary creation, accounting conventions, legal liabilities, and the economic nature of money itself. -
Featured
Shareholders and Stakeholders in Corporate Law
AIER PapersThis paper argues that the stakeholder theory of corporate governance, as distinct from shareholder theory, is essentially vacuous.
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The Daily EconomyIf your wealthy boss earns less, will you earn more? France’s compressed salary scale shows more ‘equal’ pay clusters at levels that could keep you both poorer. -
The Daily EconomyThe pandemic exposed weaknesses that had accumulated over decades.
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The Daily EconomyKeynes saw centralized economic direction as an improvement on market coordination. This provided cover to later corporatist authoritarians who wanted to control every aspect of life.
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The Daily EconomyNicholas Epley’s new book argues that small acts of connection build the trust and goodwill on which a free society depends.
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The Daily EconomyYour child’s report card may be sending the wrong signal. Grades and GPAs increasingly reflect institutional incentives rather than academic achievement.
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The Daily EconomyNothing’s more American than baseball and taxes, but combining the two in 1932 cost millions their affordable day out.
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Exploring the full range of conservative thought through conversations and debate.
There has never been conformity or unanimity among conservatives. Conservatism contains many different factions and varieties of thought. The Philadelphia Society has always been dedicated to fostering conversation. This volume is published in that spirit.
